Lots More Information
Related HowStuffWorks Articles
- How the Fed Works
- How Banks Work
- If all the money in the U.S. only totals $6 trillion, how can the NY Stock Exchange have stocks valued at $15 trillion?
- If you took all of the gold in the world and put it in one place, how much would there be?
- How Currency Works
- How Exchange Rates Work
- What do the symbols on the U.S. $1 bill mean?
- Why are the penny and the nickel the only U.S. coins with images that don't face left?
More Great Links
- Components of M1, Non-M1 M2, and Non-M2 M3
- M1, M2, and M3
- Money - What it is, How it works
- History of Money
- First Union/Wachovia: Economic Commentary
Sources
- Banque Centrale des Etats de l'Afrique de l'Ouest. "The West African Monetary Union." Accessed August 19, 2009. http://www.bceao.int/internet/bcweb.nsf/pages/uumoa1
- Berger, Sebastien. "Zimbabwe hyperinflation 'will set record within six weeks'." The Telegraph. November 13, 2008. http://www.telegraph.co.uk/news/worldnews/africaandindianocean/zimbabwe/3453540/Zimbabwe-hyperinflation-will-set-world-record-within-six-weeks.html
- Central Intelligence Agency. "The World Factbook -- United States." July 30, 2009. https://www.cia.gov/library/publications/the-world-factbook/geos/us.html
- Evans-Pritchard, Ambrose. "A 'copper standard' for the world's currency system?" The Telegraph. April 15, 2009. http://www.telegraph.co.uk/finance/comment/ambroseevans_pritchard/5160120/A-Copper-Standard-for-the-worlds-currency-system.html
- Federal Reserve Bank. "Factors affecting reserve balances." July 30, 2009. http://www.federalreserve.gov/releases/h41/20090730/
- Federal Reserve Bank. Personal correspondence. August 18, 2009.
- Federal Reserve Bank. "Table 1; money stock measures; billions of dollars." August 13, 2009. http://www.federalreserve.gov/releases/h6/hist/h6hist1.txt
- Go Currency. "A universal currency." Accessed August 19, 2009. http://www.gocurrency.com/articles/universal-currency.htm
- Ground Report. "The logic of one world currency." August 12, 2009. http://www.groundreport.com/Business/The-Logic-of-One-World-Currency
- Hamilton, Adam. "Big inflation coming 2." Zeal. June 5, 2009. http://www.zealllc.com/2009/biginf2.htm
- Hewitt, Mike. "Growth of global money supply." Dollar Daze. January 12, 2009. http://dollardaze.org/blog/?post_id=00565
- Shaw, Angus. "Half-life of the Zimbabwean dollar: dead, but still used for political debates and for bus fare." Associated Press. August 16, 2009. http://www.courant.com/news/nationworld/wire/sns-ap-af-zimbabwe-zimdollar,0,7638372.story
- St. Louis Federal Reserve Bank. "M3, M3 money stock (discontinued series)." March 13, 2006. http://research.stlouisfed.org/fred2/graph/?s[1][id]=M3
- The Big Picture. "Money supply and the end of M3." November 14, 2005. http://bigpicture.typepad.com/comments/2005/11/money_supply_an.html
